Unprecedented increase of mortgage loans and large investment projects according to the Prime-Minister of RA.

The key of the economical part of the popular 4-hour conference on March held by Prime-Minister Nikol Pashinyan can be considered the statistics provided in the beginning of it. 

Particularly, the Prime-Minister announced that in comparison with February 2018 in February 2019  the volume of mortgage loans increased by 100%. And on the general loaning volume the percentage of mortgage loans increased by 30%. «According to professionals, this is a huge increase», he stated and insured, that those numbers will have an impact on the real life. The demand of construction will increase, which will result to not only the creation of new jobs on the sphere, but also in the production of construction materials, and in the service industry in general.

The Prime-Minister announced, that 89 investment projects are in the proccess of discussions with the government of RA, with the overall value of 2.7 billion dollars. The 42 of those projects (with the value of 774 million dollars) are in fact in different stages of the realization, and the others are in the middle of active discussions.

There hasn’t been a significant drop in apartment prices and most likely will not be

The apartment price fluctuations in the regions are very different depending on the city

Decentralization is taking place in the real-estate market